Remove Money Remove Pay Off Debt Remove Renovation Remove Repairs
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2019 Debt Freedom Plan Update

Family Balance Sheet

Happy New Year’s 2019: In January 2019, we were down to one final non-mortgage loan, so we created just one financial goal for the year—-to pay off that last non-mortgage debt by December. 3 – Cash flow necessary business expenses and renovations. We can now move on to other financial goals. DONE 2015.

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What Is A Home Equity Loan?

Savings Corner

Home equity loans are best used for five-figure renovation or repair projects — which can garner you a tax deduction on their interest — or to consolidate other debts. It offers a set amount at a fixed interest rate, so it’s best for borrowers who know exactly how much money they need.

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How We Paid off Six Figures of Debt

Family Balance Sheet

After the first year, the new business debt weighed on me. Aside from the mortgage, we also added equipment and renovation loans with the purchase, and we had a student loan. By the summer of 2013, we found ourselves in a pickle–we had too much debt and not enough cash flow. We stopped paying for our gym membership. .

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

Do you feel like you have more month than money? Do you look at your bank account and wonder, “where did all the money go?” Many years ago, our cash flow sucked, we put Christmas on a credit card, and I wasn’t sure how I was going to pay for a large tax bill. ” We’ve been there too.

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